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Rapid advancements in blockchain technologies and shift in data ownership towards users are some key key factors expected to drive market revenue growth<br><br>
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Web 3.0 Market Size Worth USD 81.5 Billion in 2030 www.emergenresearch.com Rapid advancements in blockchain technologies and shift in data ownership towards users are some key key factors expected to drive market revenue growth
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Market Summary The global Web 3.0 market size reached USD 3.2 Billion in 2021 and is expected to register a revenue CAGR of 43.7% during the forecast period, according to latest analysis by Emergen Research. Emergence of 5G and 6G networks along with blockchain technologies and launch of new Web 3.0 dApps and Web3 wallets is a major factor projected to drive market revenue growth between 2021 and 2030. Web 3.0 is driven by Machine Learning (ML) and Artificial Intelligence (AI), which allows computers to analyze large volumes of data and aids in distribution of content based on a users’ specific needs. Web 3.0 apps are built on decentralized networks of several peer-to-peer servers, blockchains, or hybrid of the two, in which developers are rewarded for providing high-quality services, thereby establishing a stable and secure decentralized network. www.emergenresearch.com
Market Summary Some Key Highlights from the Report Artificial Intelligence segment revenue is expected to register a rapid rate during the forecast period. Web 3.0 machines can read and decipher data, and creation of intelligent machines will certainly offer numerous benefits and advantages in future. Web 2.0 has similar capabilities, but is primarily human-based, which allows corrupt behaviors such as rigged ratings, biased reviews, and others.Moreover, Al distinguishes between genuine and fake, which is a major advantage for various reasons. Cryptocurrency segment is expected to register fastest revenue growth rate during the forecast period. Web 3.0 is the latest version of public blockchains, which is a record-keeping system for cryptocurrency transactions. Web 3.0 protocols rely majorly on cryptocurrencies. Users can also avail monetary incentives, rewards, and points for helping to create, govern, contribute, or improve any projects. Market in Asia Pacific is expected to register fastest revenue growth rate during the forecast period due to consistently high demand for Web 3.0 systems from various end-use sectors such as BSFI, e-Commerce and retail, healthcare and pharmaceuticals, and others. Request Free Sample Copy @ https://www.emergenresearch.com/request-sample/1029 www.emergenresearch.com
Market Summary • Emergen Research has segmented the global Web 3.0 market on the basis of type, blockchain type, organization size, application, vertical, and region: • Type Outlook (Revenue, USD Billion; 2019–2030) • Ubiquity • Semantic Web • Artificial Intelligence (AI) • 3D Graphics • Others • Blockchain Type Outlook (Revenue, USD Billion; 2019–2030) • Public • Private • Consortium • Hybrid • Others • Read More @ https://www.emergenresearch.com/industry-report/web-3-market
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